An Unfavorable Activity Variance for a Cost Indicates That Spending

question 240

True/False

An unfavorable activity variance for a cost indicates that spending was higher than it should have been for the actual level of activity for the period.

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Definitions:

Patient

Exhibiting calmness and the ability to accept or tolerate delays, problems, or suffering without becoming annoyed or anxious.

Structure Skills

The ability to organize, plan, and prioritize tasks or information effectively.

Employee Accomplishments

The achievements or contributions of an employee within their job role or organization.

Personal Interest

An individual’s curiosity or concern about a particular subject, activity, or thing that provides them enjoyment or benefit.